Spotify

Well, even though making and releasing music has become easier than ever, the support of a major label — and its marketing powerhouse — is one of the top determinants (if not prerequisites) for getting access to some of the most valuable streaming "real estate" .

“We have to overcome some legal hurdles, but we could unionize musicians tomorrow,” DeFrancesco said. “SAG is like an alternate history for musicians. We’ve done all this before and won, just not within recent memory.”

Some musicians are in fact unionized. The American Federation of Musicians, with 80,000 members in the U.S. and Canada, collectively... See more

Daniel Ek, the CEO, is selling $100 million in Spotify stock. This couldn’t happen at a worse time.

The music industry is deceiving you. They aren’t doing it on purpose, though. Statistics are just deceptive. And I’m not talking about any fancy statistical techniques. I’m talking about simple things, like means and medians. I’ll illustrate how with Spotify’s album charts.

The simplest way a music streaming service calculates the top album on their... See more

In reality, Spotify was subject to the outsized influence of the major-label oligopoly of Sony, Universal, and Warner, which together owned a 17 percent stake in the company when it launched. The companies, which controlled roughly 70 percent of the market for recorded music, held considerable negotiating power from the start. For these major... See more